$5,760,000 Price Analysis 2014 W Berridge LnPhoenix, AZ 85015 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.64 acre lot. Built 1961 Listed 2024-04-08, Taxes $6,954 | Ⓧ USDA Ineligible due to price & location near Phoenix |
A fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354, 339. Located n ear Abrazo Hospital, Christown Spectrum Mall and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency and security, including desert landscaping t cut water costs, repaved parking and refreshed exteriors.
Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.
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Property MLS #6688318 from ArizonaRegionalMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $176,330 + $44,080 $220,410 | $6,954 |
2020 | $115,160 + $28,790 $143,950 | $6,867 |
2019 | $87,670 + $21,910 $109,580 | $6,742 |
2018 | $64,020 + $16,000 $80,020 | $6,565 |
2017 | $40,090 + $10,500 $50,590 | $6,532 |
2016 | $41,740 + $10,940 $52,680 | $6,413 |
2015 | $30,110 + $7,890 $38,000 | $5,939 |
2014 | $27,730 + $7,270 $35,000 | $5,565 |
2012 | $25,280 + $6,620 $31,900 | $6,385 |
2011 | $35,439 + $9,289 $44,728 | $7,330 |
2009 | $77,640 + $20,350 $97,990 | $8,960 |
2008 | $76,050 + $19,930 $95,980 | $8,797 |
2007 | $61,200 + $15,300 $76,500 | $7,993 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.